Kroger upbeat about 2021 fiscal year following an exceptional first quarter

US – American retail company Kroger has raised its annual forecast for 2021 after an exceptional first quarter that saw the company surpass its own guidance and Wall Street’s expectations.  Revenue for the Cincinnati based company came in above pre-pandemic levels at US$41.3 billion, surpassing the US$39.78 billion estimate that had been predicted by financial analysts.  To inject fresh energy to a struggling business, Kroger executives propped up the company’s online grocery business, expanding its grocery pick up service to 2,233 stores and increasing its delivery ability to 2,488 stores reaching 98% of its customers.  A partnership with Uk-based…

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Kroger supports fight against food waste, hunger with US$2.5m investment in startups advancing upcycled food solutions

US — American retail company, Kroger has through its Zero Hunger/Zero Waste Foundation Innovation Fund set aside US$2.5 million to fund startups with innovative solutions to tackle the food waste problem. The company has already identified 10 startups which will benefit from the program with each startup set to be awarded US$100,000 in upfront seed grant funding and will participate in a virtual workshop and networking with investors and mentors across the food system. The participants will be eligible for an additional US$100,000 grant based on the achievement of identified…

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Kroger introduces ‘Customer Fulfilment Centre accelerate eCommerce capability

US – American grocery retailer, Kroger has launched what it claims to be America’s first Customer Fulfilment Centre (CFC) in an effort to accelerate its eCommerce capability. According to a report by FoodBev, the CFC was developed using technology developed by UK-based delivery service Ocado. The launch is the result of Kroger and Ocado’s exclusive partnership formed in 2018 which gave the US retailer access to Ocado’s Smart Platform technology to enhance its fulfilment, picking and delivery capacity. Apart from enhancing its ecommerce capabilities, Kroger says that its CFC would…

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Kroger partners with smart food platform Whisk to allow users shop for recipe ingredients

USA – Grocery chain Kroger is teaming up with smart food platform Whisk to allow users of the service in 35 states to shop recipe ingredients from Kroger stores for delivery or pickup. Consumers can now turn any recipe from Whisk’s network of publishers, brands and apps into a smart shopping list and instantly purchase for pickup or delivery from Kroger stores. The seamless experience from recipe to shopping cart is powered by Whisk’s Food Genome, which uses artificial intelligence to ensure that a recipe’s ingredients are matched with the…

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Kroger expands its plant-based portfolio with the launch of 50 new products

USA – The Kroger Company has announced the expansion of its exclusive Simple Truth Plant Based collection, unveiling more than 50 new, fresh and flavorful plant-based foods at affordable prices, including non-dairy cheeses, oat milk ice cream and Emerge fresh chicken-less patties and grinds.  Kroger’s Simple Truth Plant Based collection launched with more than 20 products last September, featuring vegan chocolate chip cookie dough, oat milk, sour cream, deli slices, sausage, and other products. Since then, the line has continued to grow to meet customer demand, offering a diverse selection…

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Kroger and Ocado partner to invest in three new fulfillment centers

USA – America’s grocery retailer, Kroger and British online grocery retailer, Ocado have unveiled plans of further expanding their partnership with the construction of three new Customer Fulfillment Centers (CFC). The companies Plan to set up the new facilities in the Great Lakes, Pacific Northwest and West regions to support grocery retailer’s e-commerce initiatives in the regions. “Kroger is incredibly excited to construct three additional industry-leading Customer Fulfillment Centers across the country in relationship with Ocado to bring fresh food to our customers more conveniently than ever before,” said Robert…

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COVID-19 Updates: PepsiCo, Kroger, Diageo launch additional initiatives

USA – In response to alarming evidence of the continued negative impacts of COVID-19, PespiCo, Kroger and Diageo have launched new initiatives worth US$142.5 million to alleviate the effects of the pandemic. PepsiCo and and its philanthropic arm, The PepsiCo Foundation have launched a new US$7 million program Help Address Rates of Infection, Joblessness and the Dearth of Vital Resources Needed in Black and Latino U.S. Communities Disproportionately Afflicted by COVID-19. PepsiCo said that the US$7 million initiative is a comprehensive project to support immediate relief and long-term recovery to…

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Kroger commits US$3m to help combat food insecurity during COVID-19 pandemic

USA – The Kroger Company, America’s largest grocery retailer through its Zero Hunger | Zero Waste Foundation, has announced a US$3 million commitment to rapidly deploy hunger-relief resources to communities disproportionately impacted by the coronavirus (COVID-19) pandemic. Established in 2018, the Zero Hunger | Zero Waste Foundation was formed to support initiatives that create communities free of hunger and waste. The Foundation has partnered with the largest hunger-relief organization in the United States, Feeding America and No Kid Hungry, a campaign of Share Our Strength, an organization working to end hunger…

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Kroger teams up with Ocado in opening new distribution facility in the US

USA – The Kroger Company, America’s largest grocery retailer has partnered with British online grocer, Ocado in setting up and operating a new Customer Fulfillment Center (CFC) located in Frederick, Maryland. The facility will support Kroger’s e-commerce initiatives in Washington, Baltimore and Philadelphia and improve the retailer’s efficiencies. “Kroger is incredibly excited to construct one of our industry-leading Customer Fulfillment Centers in Maryland in relationship with Ocado to bring fresh food to our customers faster than ever before,” said Robert Clark, Kroger’s senior vice president of supply chain, manufacturing and sourcing.…

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Kroger launches new meat alternative product, plans 50 additional plant-based foods this year

USA – The Kroger Co. has launched Simple Truth Emerge: Plant Based Fresh Meats, an expansion of Simple Truth line that offers burger patties, and plans to introduce 50 additional plant-based foods this year. Available exclusively at Kroger Family of Stores, Simple Truth Emerge joins the Simple Truth Plant Based collection introduced last year, offering vegan chocolate chip cookie dough, oat milk, sour cream, deli slices, sausage and other products. The Simple Truth Plant Based collection was first announced, last September at the Good Food Conference in San Francisco, by Gil Phipps,…

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